Apartment developer Mill Creek plans second Cherry Creek complex

3 years ago 322

Mill Creek Residential is readying a 2nd flat analyzable successful Cherry Creek, a artifact distant from its first.

The Dallas-based multifamily developer submitted a conception program to the metropolis successful July, proposing a five-story task astatine the southwest country of 2nd Avenue and Cook Street.

The plans, which bash not see a rendering and are taxable to change, telephone for the analyzable to person 110 units and 165 parking spaces.

The operation would beryllium erected connected 0.89 acres astatine 155 and 165 N. Cook St., replacing a brace of three- and four-story bureau buildings. Mill Creek does not presently ain either of the parcels.

Mill Creek is known for its Modera-branded complexes, and the plans notation to the task arsenic Modera Cook Street.

A section Mill Creek enforcement did not respond to a petition for comment.

A artifact eastbound of the site, astatine the southeast country of 2nd Avenue and Madison Street, Mill Creek is presently constructing Modera Cherry Creek. It paid $10.75 cardinal for that 0.75-acre tract successful 2019.

Mill Creek has built a fig of complexes successful Denver. It sold its 197-unit Modera Cap Hill analyzable astatine 1200 Grant St. successful April for $84.25 million, and successful precocious May paid $15 cardinal for the 1.63-acre erstwhile Rocky Mountain Public Media tract successful the Golden Triangle, wherever it has projected an eight-story project.

Mill Creek is besides wrapping up operation connected Modera Wash Park astatine 400 Grant St.

Elsewhere successful Cherry Creek, Denver-based Broe Real Estate Group precocious broke crushed connected an eight-story bureau building. Denver-based BMC Investments, meanwhile, projected a caller bureau gathering of its own. And Denver-based Western Development Group sold a big of retail and bureau abstraction for $82.75 million.

Read Entire Article